... holders. “The RBC regime seeks to strengthen the financial soundness of insurers and put Hong Kong on a par with international standards, consolidating Hong Kong’s function as an international risk management centre,” an IA spokesperson said. “Adopting the RBC regime will...

... cir_aml_20190313 13 March 2019 Our Ref: INS/TEC/6/45 To : Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Statements issued by the Financial Action Task Force (“FATF”) Further to our letter of 12 November 2018, we are writing to inform you of the following...

... Statements issued by the Financial Action Task Force (“FATF”) 15 July 2019 Our Ref: INS/TEC/6/45 To : Chief Executives of all authorized insurers carrying on long term business Dear Sirs, Statements issued by the Financial Action Task Force (“FATF”) Further to our letter of 13 March 2019, we are...

... Supervisory Approach for Licensed Insurance Brokers The Insurance Authority ("IA") employs various tools in conducting on-going supervision of licensed insurance brokers, broadly comprising off-site monitoring and on-site inspection.  The...

... Annual Report 2019-20 (Synopsis) On 23 September 2019, the IA became the sole regulator responsible for licensing, inspection, investigation and disciplinary sanctions of over 120,000 insurance intermediaries. To uplift professionalism and induce ethical behaviours, seven sets of rules, codes of conduct...

... Annual Report 2019-20 (Synopsis) On 23 September 2019, the IA became the sole regulator responsible for licensing, inspection, investigation and disciplinary sanctions of over 120,000 insurance intermediaries. To uplift professionalism and induce ethical behaviours, seven sets of rules, codes of conduct...

... Interpretation Notes for Module C of the Guideline on Group Supervision 13 April 2022 Our Ref: INS/TEC/6/96 By Email Only To: Chief Executives of designated insurance holding companies Dear Sirs, Interpretation Notes for Module C of the Guideline on Group Supervision (“Interpretation Notes”) The...

... Latest Legislative Developments Insurance (Amendment) Ordinance 2023 The Insurance (Amendment) Ordinance 2023 was passed by the Legislative Council on 14 July 2023.  It introduces to the Insurance Ordinance (Cap. 41) the legal basis for implementing...

... Forms - Insurers Form 1A-6G Application for Authorization to carry on General Business [Word] [PDF] Form 1A-6C Application for Authorization to carry on General Business as a Captive Insurer [Word] [PDF] Form 1A-6L...